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SELECTED TRANSACTION DETAILS
Citibank Agents Revolving Credit Facility Upsize for Transocean
Wednesday, May 15, 2019

Lenders/Participants Citibank [Administrative Agent]
Structure Revolver Increase
Amount $1.360 Billion
Borrower(s) Transocean Ltd.
Description Company amended the terms of its Revolving Credit Facility dated June 22, 2018 to increase the capacity of the Facility to $1.36 billion from $1.0 billion. The Facility contains an accordion provision permitting an increase in capacity of up to $500 million. The Facility, which matures in July 2023, is currently undrawn. An additional $140 million remains available under the Facility's accordion provision.
Industry Energy
Related Tags Citibank




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